Cathay Media and Education Group Dividend
Dividend criteria checks 1/6
Cathay Media and Education Group is a dividend paying company with a current yield of 7.69%. Last payment was on 28th October, 2022 with an ex-dividend date of 6th October, 2022.
Key information
7.7%
Dividend yield
97%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | 28 Oct 22 |
| Ex dividend date | 06 Oct 22 |
| Dividend per share | n/a |
| Earnings per share | HK$0.077 |
| Dividend yield forecast in 3Y | 11.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 1981's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 1981's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Cathay Media and Education Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1981) | 7.7% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Entertainment) | 3.2% |
| Analyst forecast in 3 Years (1981) | 11.9% |
Notable Dividend: 1981's dividend (7.69%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.09%).
High Dividend: 1981's dividend (7.69%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (96.6%), 1981's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1981 is paying a dividend but the company has no free cash flows.